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Company Registration No. 08194221 (England and Wales)
OKPB Limited Unaudited accounts for the year ended 31 August 2023
OKPB Limited Unaudited accounts Contents
Page
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OKPB Limited Company Information for the year ended 31 August 2023
Directors
Dylan Owen Ainsley Baddeley
Company Number
08194221 (England and Wales)
Registered Office
37 Greenway Trentham Stoke on Trent ST4 8AN
Accountants
Victoria Miles Accountants Stafford Education and Enterprise Park Weston Road Stafford Staffordshire ST18 0BF
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of OKPB Limited for the year ended 31 August 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of OKPB Limited for the year ended 31 August 2023 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of OKPB Limited, as a body, in accordance with the terms of our engagement letter dated 3 December 2020. Our work has been undertaken solely to prepare for your approval the accounts of OKPB Limited and state those matters that we have agreed to state to the Board of Directors of OKPB Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than OKPB Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that OKPB Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of OKPB Limited. You consider that OKPB Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of OKPB Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Victoria Miles Accountants Chartered Certified Accountants Stafford Education and Enterprise Park Weston Road Stafford Staffordshire ST18 0BF 20 March 2024
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OKPB Limited Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
53,135 
54,437 
Current assets
Inventories
10,531 
10,085 
Debtors
12,099 
5,009 
Cash at bank and in hand
36,038 
19,846 
58,668 
34,940 
Creditors: amounts falling due within one year
(60,687)
(59,594)
Net current liabilities
(2,019)
(24,654)
Total assets less current liabilities
51,116 
29,783 
Creditors: amounts falling due after more than one year
(5,750)
(8,750)
Provisions for liabilities
Deferred tax
(10,096)
(10,343)
Net assets
35,270 
10,690 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
35,268 
10,688 
Shareholders' funds
35,270 
10,690 
For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 March 2024 and were signed on its behalf by
Dylan Owen Director Company Registration No. 08194221
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OKPB Limited Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
OKPB Limited is a private company, limited by shares, registered in England and Wales, registration number 08194221. The registered office is 37 Greenway, Trentham, Stoke on Trent, ST4 8AN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2022
161,197 
2,649 
163,846 
Additions
16,587 
168 
16,755 
At 31 August 2023
177,784 
2,817 
180,601 
Depreciation
At 1 September 2022
107,877 
1,532 
109,409 
Charge for the year
17,477 
580 
18,057 
At 31 August 2023
125,354 
2,112 
127,466 
Net book value
At 31 August 2023
52,430 
705 
53,135 
At 31 August 2022
53,320 
1,117 
54,437 
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OKPB Limited Notes to the Accounts for the year ended 31 August 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,229 
2,470 
Accrued income and prepayments
870 
2,539 
12,099 
5,009 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
3,000 
3,000 
VAT
7,923 
3,513 
Taxes and social security
9,552 
1,798 
Loans from directors
37,568 
49,116 
Accruals
2,644 
2,167 
60,687 
59,594 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
5,750 
8,750 
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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